Home»TSX Venture Investing»Peekaboo Beans Recruits Former Amway Executive as General Manager and Continues to see US Stylist Recruitment Out Pacing Canadian Recruitment

Peekaboo Beans Recruits Former Amway Executive as General Manager and Continues to see US Stylist Recruitment Out Pacing Canadian Recruitment

December 12th, 2017

Peekaboo Beans Inc. (“Peekaboo Beans” or the “Company”) (TSXV: BEAN, OTCBB: PBBSF), a direct-sales retailer of children’s apparel, is pleased to announce they have recruited Sandy Spielmaker as General Manager of Operations.

With over two decades of experience in the direct sales world, Sandy Spielmaker understands direct selling from top to bottom. In her most recent role as Scentsy‘s Chief Sales Officer, she oversaw all global sales focusing on market expansion, growth strategies and continually improving Consultant success, while fostering a unique company culture. She began her career serving in various capacities at SC Johnson also holding executive positions at Bissell and Johnson Outdoors before moving to Amway, where she was V. P. of Sales for the U.S. There she oversaw sales, customer support, training, events, field communication, compensation, and analytics. She later became Amway’s VP of Global Sales – Leader Development and led global training, business analytics and coaching, recognition, and event strategy. Prior to Scentsy, Sandy served as Chief Sales Officer at Origami Owl. Ms. Spielmaker states, “I’m thrilled to help such an amazing organization with a well-loved brand and loyal community. Peekaboo Beans has big dreams, and I’m honored to support the efforts of this talented team and its exceptional stylists to build and grow an incredible company.”

Traci Costa, CEO of Peekaboo Beans states, “I’m overjoyed Ms. Spielmaker decided to join our team. Having yet another powerful woman join us, one who led the charge of a multi-billion dollar company confirms that our Peekaboo Beans brand and mission are compelling and strong.”

Nikki Mayer, will maintain a seat on the Board of Directors as well as continue to serve on the executive team, in the area of Finance, and Human Resources.

The company is also pleased that US stylist growth continued to outpace Canadian growth the month of November by nearly twenty per cent. With the addition of Ms. Spielmaker as General Manager and Ms. Cindy Tokoly as Director of Sales and Field Development whom both are extremely well versed in the US market the company anticipates this promising trend to continue and exceed expectations.

About Peekaboo Beans

Peekaboo Beans Inc. is a high-quality, ethically manufactured children’s apparel brand sold exclusively through its direct-sales network of Stylists or independent sales representatives. In line with its mission, Peekaboo Beans develops custom fabrics and designs its apparel to promote play in children’s lives. Through the direct-sales model, Peekaboo Beans trains women to be entrepreneurs, build a business and generate income on their own terms.

Peekaboo Beans has 11,894,535 Common Shares and 5,256,243 warrants outstanding.

Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

The company mentioned in this press release is a client and sponsor of PinnacleDigest.com.

Written by: Pinnacle DigestPinnacle Digest was established as an online financial newsletter for speculators and small cap investors over a decade ago. To consistently bring its readers industry leading investment coverage on the Canadian small-cap market, Pinnacle has built relationships with some of North America’s leaders in the space. From innovative CEOs to award winning geologists, top venture capitalists and money managers, Pinnacle leverages its relationships to provide unparalleled market coverage.

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